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Sell-Offs In MTN, Others Pull NGX Market Capitalisation Down By N673bn

(AFRICAN EXAMINER) – The Nigerian equity market on Wednesday experienced a downturn, losing N673 billion in market capitalisation due to sell-offs in major stocks like MTN Nigeria and Transcorp Hotel Specifically, the market capitalisation shed 1.20 per cent or N673 billion to close at N55.494 trillion, compared to 56.167 trillion recorded on Tuesday. The All-share […]

Liverpool’s Premier League Title Bid Hits Rock With Lose Against Everton

(AFRICAN EXAMINER) – Everton secured their first win in a Merseyside derby at Goodison Park since 2010 to leave Liverpool’s Premier League title aspirations in ruins after a 2-0 defeat on Wednesday. Defeat leaves Jurgen Klopp’s men still three points adrift of leaders Arsenal and only one point in front of defending champions Manchester City, […]

Two Wike Loyalists Reject Redeployment, Quit Fubara’s Cabinet

(AFRICAN EXAMINER) – Hours after the resignation of Rivers State Attorney General and Commissioner for Justice, Zacchaeus Adangor, another commissioner in the oil-rich South-South state, Isaac Kamalu, has exited the cabinet of Governor Siminalayi Fubara. Like Adangor, Kamalu, in a letter to the Secretary to the Rivers State Government, Tammy Danagogo, on Wednesday, rejected his […]

Hamas Releases Video Of Israeli-American Hostage Held In Gaza

(AFRICAN EXAMINER) – Palestinian militant group Hamas released on Wednesday a video of an Israeli-American man held hostage in Gaza and seen alive in the footage. Israeli media identified him as Hersh Goldberg-Polin, who was abducted from the Nova music festival in southern Israel during the Hamas attack on October 7. “I went to hang […]

Obi Appeals To Noble Nigerians To Drill 200,000 Boreholes

(AFRICAN EXAMINER) – The 2023 presidential candidate of the Labour Party (LP), Peter Obi, has appealed to privileged Nigerians to fund the drilling of 200,000 boreholes across the country to solve the problem of clean water. Obi, a former governor of Anambra State, made the appeal on Wednesday at a press briefing in Abuja, the […]

Soludo’s Wife Wants Nigerians To Farm At Their Backyards To Cut Costs Of Living

(AFRICAN EXAMINER) – Wife of the Anambra Governor, Dr Nonye Soludo, says embracing home or backyard garden practice will help families cope with the rising cost of living. Soludo, who is also the founder of Healthy Living Initiative, gave the advice when she received the Anambra State Female Farmers and Businesswomen in Awka. She said […]

Minister Orders Suspension Of Dana Airlines Over Safety

(AFRICAN EXAMINER) – Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has directed Nigeria Civil Aviation Authority (NCAA) to suspend Dana Airline’s fleet operations over safety concerns. This is contained in a memo signed by Permanent Secretary of the ministry, Dr Emmanuel Meribole, and made available to the News Agency of Nigeria (NAN) on […]

Tinubu Approves Take-Off Of Consumer Credit Scheme

(AFRICAN EXAMINER) – President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme (CCS) starting with members of the civil service. This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Wednesday in Abuja. The scheme is managed by […]

Defilement: Court Reserves Judgment On Baba Ijesha’s Appeal

(AFRICAN EXAMINER) – THE Court of Appeal, Lagos Division, has reserved judgement in the appeal filed by a Nollywood actor, Olanrewaju James, alias Baba Ijesha, challenging his conviction by a Lagos State High Court. Baba Ijesa, was on July 14, 2022, convicted of sexual assault of a minor. Justice Oluwatoyin Taiwo (retd.) of the Ikeja […]

EFCC To Arraign Emefiele On Fresh Charge, Says He Printed N684.5m Notes With N18.9bn

(AFRICAN EXAMINER) – The Economic and Financial Crimes Commission (EFCC) is set to arraign former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for approving the printing of N684.5m notes at the rate of N18.96bn. In the fresh 4 count charge filed against him, the EFCC alleged that Emefiele disobeyed the direction of […]

UNN Suspends Lecturer Over Alleged Sexual Harassment

(AFRICAN EXAMINER) – ) The management of the University of Nigeria, Nsukka (UNN), has suspended indefinitely its Mr David Udo-Udom, the lecturer, allegedly involved in sexual harassment of a female student. This is contained in a statement signed by the institution’s Public Relations Officer (PRO), Chief Okwun Omeaku, and made available to newsmen on Tuesday […]

Ihedioha Dumps PDP After 26 Years Of Membership

(AFRICAN EXAMINER) – Former deputy speaker of the House of Representatives, Emeka Ihedioha, has resigned from the Peoples Democratic Party (PDP). Ihedioha announced this in a statement issued to the press on Tuesday. According to him, he claimed to be one of the party’s founding members when it was established in 1998 and the party […]

Uproar Over Viral Video Of Student Being Bullied In Abuja School

(AFRICAN EXAMINER) – The viral video of a student being bullied by a fellow student of Lead British International School, Abuja, has sparked outrage on social media. It all started when an X user, @mooyeeeeeee tasks netizens to demand for justice for the female student that was bullied by her classmates.  In the post on […]

Again, Dangote Crashes Diesel, Aviation Fuel Prices

(AFRICAN EXAMINER) – Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming in the wake of its widely celebrated price reduction to N1,000 barely two weeks ago. The price change of N940 applies to customers buying five […]

Aircraft Belonging To Dana Air Skids Off Lagos Airport Runway

(AFRICAN EXAMINER) – A Dana Air aircraft with 83 passengers and registration number 5N BKI flying from Abuja to Lagos, was on Tuesday, reported to have suffered a runway excursion at the Lagos Murtala Mohammed airport.  A runway excursion occurs when an aircraft veers off the runway in use during the take-off or landing run. […]

Tinubu, Jonathan, Abdulsalami, Back State Police As IGP Differs

(AFRICAN EXAMINER) – With calls for state police gaining mileage across the country as efforts to ramp up security increase, opinions are divided among stakeholders including the Inspector General of Police (IGP) Kayode Egbetokun, President Bola Tinubu, and ex-presidents about the concept.  At a national dialogue on state police held in Abuja on Monday, the […]

Alleged N84bn Fraud: EFCC Serves Yahaya Bello’s Lawyer Charge Sheet In Court

(AFRICAN EXAMINER) – The Economic and Financial Crimes Commission (EFCC) has served a copy of the charge sheet of alleged fraud to the tune of N84bn against the immediate past governor of Kogi State Yahaya Bello on his lawyer, Abdulwahab Mohamed. This follows a Tuesday order by Justice Emeka Nwite of the Federal High Court […]

Dangote Cuts Diesel, Aviation Fuel Prices Further To N940, N980

(AFRICAN EXAMINER) – Dangote Petroleum Refinery has again reduced the prices of diesel and aviation fuel to N940, and N980 per litre, respectively. This comes after its widely celebrated price reduction to N1,000 barely two weeks ago. The price change of N940 applies to customers buying five million litres and above from the refinery, while […]

One Feared Killed, Others Injured In LAUTECH Students’ Clash

(AFRICAN EXAMINER) – One person has been killed in a fight that broke out among students of the Ladoke Akintola University of Technology (LAUTECH) at a nightclub in Ogbomosho, Oyo State, on Monday night.  The development was owing to a misunderstanding which led to a fight between two groups of students at a popular joint […]

Bobrisky Files Appeal; Wants To Replace Sentence With N50k Fine Option

(AFRICAN EXAMINER) –  Controversial cross-dresser Idris Okuneye, popularly known as Bobrisky, on Monday filed a notice of appeal challenging the six months sentence handed to him by a Federal High Court, Lagos. Okuneye was charged by the Economic and Financial Crimes Commission (EFCC) on four counts bordering on naira abuse. He pleaded guilty before Justice […]

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